Quantum Materials Corp. (fka QTMM)

[solartech]

No, share consolidation is not a good strategy for shareholders will lose as much as 90% of their shareholding in a 10 to 1 consolidation. Only if the management sees no revenue for the next few years and the Authorized Shares hits the limit of 750 million shares that the company has only 2 options: raise A/S to 2 billion or consolidate share back to 75 million shares in a 10 to 1 consolidation. But the company has already entered the revenue phase with a projected $7 million to $10 million revenue in 2020 plus potential more royalties from new licensees in the QD-Blockchain-Counterfeiting operation. Share dilution has already stopped and there is no need for share consolidation. In the long run, QMC will emulate at least UDC and will has billions of share outstanding anyway, then why reverse split?